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ENTERPRISE PRODUCTS PARTNERS L.P.

EPDU · CIK 0001061219

19 fiscal years · 0 SEC filings · every number carries its receipt

Revenue (FY)
$52.60B6.4%
FY2025
Net income (FY)
$5.81B1.5%
FY2025
Free cash flow (FY)
$2.96B17.0%
FY2025
Diluted EPS (FY)
$2.38107.0%
FY2011
The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt
Revenue & net incomeRevenueNet income
$0$20B$40B$60BFY2007 · Revenue $26.71B · Net income $533.6M · 0001061219-10-000011 · filed 2010-03-01FY07Revenue $26.71BNet income $533.6M0001061219-10-000011 · filed 2010-03-01FY2008 · Revenue $35.47B · Net income $164.0M · 0001061219-11-000009 · filed 2011-03-01FY08Revenue $35.47BNet income $164.0M0001061219-11-000009 · filed 2011-03-01FY2009 · Revenue $25.51B · Net income $204.1M · 0001061219-12-000006 · filed 2012-02-29FY09Revenue $25.51BNet income $204.1M0001061219-12-000006 · filed 2012-02-29FY2010 · Revenue $33.74B · Net income $320.8M · 0001061219-13-000011 · filed 2013-03-01FY10Revenue $33.74BNet income $320.8M0001061219-13-000011 · filed 2013-03-01FY2011 · Revenue $44.31B · Net income $2.05B · 0001140361-14-010442 · filed 2014-03-03FY11Revenue $44.31BNet income $2.05B0001140361-14-010442 · filed 2014-03-03FY2012 · Revenue $42.58B · Net income $2.42B · 0001061219-15-000007 · filed 2015-03-02FY12Revenue $42.58BNet income $2.42B0001061219-15-000007 · filed 2015-03-02FY2013 · Revenue $47.73B · Net income $2.60B · 0001061219-15-000007 · filed 2015-03-02 · 0001061219-16-000058 · filed 2016-02-26FY13Revenue $47.73BNet income $2.60B0001061219-15-000007 · filed 2015-03-02 · 0001061219-16-000058 · filed 2016-02-26FY2014 · Revenue $47.95B · Net income $2.79B · 0001061219-15-000007 · filed 2015-03-02 · 0001061219-17-000008 · filed 2017-02-24FY14Revenue $47.95BNet income $2.79B0001061219-15-000007 · filed 2015-03-02 · 0001061219-17-000008 · filed 2017-02-24FY2015 · Revenue $27.03B · Net income $2.52B · 0001061219-18-000008 · filed 2018-02-28FY15Revenue $27.03BNet income $2.52B0001061219-18-000008 · filed 2018-02-28FY2016 · Revenue $23.02B · Net income $2.51B · 0001061219-19-000007 · filed 2019-03-01FY16Revenue $23.02BNet income $2.51B0001061219-19-000007 · filed 2019-03-01FY2017 · Revenue $29.24B · Net income $2.80B · 0001061219-20-000014 · filed 2020-02-28FY17Revenue $29.24BNet income $2.80B0001061219-20-000014 · filed 2020-02-28FY2018 · Revenue $36.53B · Net income $4.17B · 0001061219-21-000009 · filed 2021-03-01FY18Revenue $36.53BNet income $4.17B0001061219-21-000009 · filed 2021-03-01FY2019 · Revenue $32.79B · Net income $4.59B · 0001061219-22-000008 · filed 2022-02-28FY19Revenue $32.79BNet income $4.59B0001061219-22-000008 · filed 2022-02-28FY2020 · Revenue $27.20B · Net income $3.77B · 0001061219-23-000006 · filed 2023-02-28FY20Revenue $27.20BNet income $3.77B0001061219-23-000006 · filed 2023-02-28FY2021 · Revenue $40.81B · Net income $4.63B · 0001061219-24-000006 · filed 2024-02-28FY21Revenue $40.81BNet income $4.63B0001061219-24-000006 · filed 2024-02-28FY2022 · Revenue $58.19B · Net income $5.49B · 0001061219-25-000006 · filed 2025-02-28FY22Revenue $58.19BNet income $5.49B0001061219-25-000006 · filed 2025-02-28FY2023 · Revenue $49.72B · Net income $5.53B · 0001061219-26-000006 · filed 2026-02-27FY23Revenue $49.72BNet income $5.53B0001061219-26-000006 · filed 2026-02-27FY2024 · Revenue $56.22B · Net income $5.90B · 0001061219-26-000006 · filed 2026-02-27FY24Revenue $56.22BNet income $5.90B0001061219-26-000006 · filed 2026-02-27FY2025 · Revenue $52.60B · Net income $5.81B · 0001061219-26-000006 · filed 2026-02-27FY25Revenue $52.60BNet income $5.81B0001061219-26-000006 · filed 2026-02-27FY25Revenue $52.60BNet income $5.81B0001061219-26-000006 · filed 2026-02-27FY07FY10FY13FY16FY19FY22FY25

revenue 2.0× since FY2007 · net margin 2.0% → 11.0%

MarginsNet marginFCF margin
0%10%FY2007 · Net margin 2.0% · FCF margin -3.0%FY07Net margin 2.0%FCF margin -3.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2008 · Net margin 0.5% · FCF margin -2.7%FY08Net margin 0.5%FCF margin -2.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2009 · Net margin 0.8% · FCF margin 3.2%FY09Net margin 0.8%FCF margin 3.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2010 · Net margin 1.0% · FCF margin 0.8%FY10Net margin 1.0%FCF margin 0.8%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2011 · Net margin 4.6% · FCF margin -1.2%FY11Net margin 4.6%FCF margin -1.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2012 · Net margin 5.7% · FCF margin -1.7%FY12Net margin 5.7%FCF margin -1.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2013 · Net margin 5.4% · FCF margin 1.0%FY13Net margin 5.4%FCF margin 1.0%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2014 · Net margin 5.8% · FCF margin 2.6%FY14Net margin 5.8%FCF margin 2.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2015 · Net margin 9.3% · FCF margin 0.6%FY15Net margin 9.3%FCF margin 0.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2016 · Net margin 10.9% · FCF margin 4.7%FY16Net margin 10.9%FCF margin 4.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2017 · Net margin 9.6% · FCF margin 5.4%FY17Net margin 9.6%FCF margin 5.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2018 · Net margin 11.4% · FCF margin 5.2%FY18Net margin 11.4%FCF margin 5.2%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2019 · Net margin 14.0% · FCF margin 6.1%FY19Net margin 14.0%FCF margin 6.1%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2020 · Net margin 13.9% · FCF margin 9.6%FY20Net margin 13.9%FCF margin 9.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2021 · Net margin 11.4% · FCF margin 15.4%FY21Net margin 11.4%FCF margin 15.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2022 · Net margin 9.4% · FCF margin 10.4%FY22Net margin 9.4%FCF margin 10.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2023 · Net margin 11.1% · FCF margin 8.7%FY23Net margin 11.1%FCF margin 8.7%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2024 · Net margin 10.5% · FCF margin 6.4%FY24Net margin 10.5%FCF margin 6.4%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY2025 · Net margin 11.0% · FCF margin 5.6%FY25Net margin 11.0%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenueFY25Net margin 11.0%FCF margin 5.6%derived: net income ÷ revenue · derived: (ocf − capex) ÷ revenue’09’13’17’21’25

FY2025: net 11.0% · free cash flow 5.6% of revenue

Cash engineOperating cash flowFree cash flow
$0$5BFY2007 · OCF $1.95B · FCF −$810.4M · 0001061219-10-000011 · filed 2010-03-01FY07OCF $1.95BFCF −$810.4M0001061219-10-000011 · filed 2010-03-01FY2008 · OCF $1.57B · FCF −$973.2M · 0001061219-11-000009 · filed 2011-03-01FY08OCF $1.57BFCF −$973.2M0001061219-11-000009 · filed 2011-03-01FY2009 · OCF $2.41B · FCF $826.0M · 0001061219-12-000006 · filed 2012-02-29FY09OCF $2.41BFCF $826.0M0001061219-12-000006 · filed 2012-02-29FY2010 · OCF $2.30B · FCF $259.2M · 0001061219-13-000011 · filed 2013-03-01FY10OCF $2.30BFCF $259.2M0001061219-13-000011 · filed 2013-03-01FY2011 · OCF $3.33B · FCF −$537.0M · 0001061219-13-000011 · filed 2013-03-01FY11OCF $3.33BFCF −$537.0M0001061219-13-000011 · filed 2013-03-01FY2012 · OCF $2.89B · FCF −$731.0M · 0001061219-13-000011 · filed 2013-03-01FY12OCF $2.89BFCF −$731.0M0001061219-13-000011 · filed 2013-03-01FY2013 · OCF $3.87B · FCF $457.3M · 0001061219-16-000058 · filed 2016-02-26FY13OCF $3.87BFCF $457.3M0001061219-16-000058 · filed 2016-02-26FY2014 · OCF $4.16B · FCF $1.27B · 0001061219-17-000008 · filed 2017-02-24FY14OCF $4.16BFCF $1.27B0001061219-17-000008 · filed 2017-02-24FY2015 · OCF $4.00B · FCF $171.7M · 0001061219-18-000008 · filed 2018-02-28FY15OCF $4.00BFCF $171.7M0001061219-18-000008 · filed 2018-02-28FY2016 · OCF $4.07B · FCF $1.08B · 0001061219-19-000007 · filed 2019-03-01FY16OCF $4.07BFCF $1.08B0001061219-19-000007 · filed 2019-03-01FY2017 · OCF $4.67B · FCF $1.56B · 0001061219-20-000014 · filed 2020-02-28FY17OCF $4.67BFCF $1.56B0001061219-20-000014 · filed 2020-02-28FY2018 · OCF $6.13B · FCF $1.90B · 0001061219-21-000009 · filed 2021-03-01FY18OCF $6.13BFCF $1.90B0001061219-21-000009 · filed 2021-03-01FY2019 · OCF $6.52B · FCF $1.99B · 0001061219-22-000008 · filed 2022-02-28FY19OCF $6.52BFCF $1.99B0001061219-22-000008 · filed 2022-02-28FY2020 · OCF $5.89B · FCF $2.60B · 0001061219-23-000006 · filed 2023-02-28FY20OCF $5.89BFCF $2.60B0001061219-23-000006 · filed 2023-02-28FY2021 · OCF $8.51B · FCF $6.29B · 0001061219-24-000006 · filed 2024-02-28FY21OCF $8.51BFCF $6.29B0001061219-24-000006 · filed 2024-02-28FY2022 · OCF $8.04B · FCF $6.08B · 0001061219-25-000006 · filed 2025-02-28FY22OCF $8.04BFCF $6.08B0001061219-25-000006 · filed 2025-02-28FY2023 · OCF $7.57B · FCF $4.30B · 0001061219-26-000006 · filed 2026-02-27FY23OCF $7.57BFCF $4.30B0001061219-26-000006 · filed 2026-02-27FY2024 · OCF $8.12B · FCF $3.57B · 0001061219-26-000006 · filed 2026-02-27FY24OCF $8.12BFCF $3.57B0001061219-26-000006 · filed 2026-02-27FY2025 · OCF $8.59B · FCF $2.96B · 0001061219-26-000006 · filed 2026-02-27FY25OCF $8.59BFCF $2.96B0001061219-26-000006 · filed 2026-02-27FY25OCF $8.59BFCF $2.96B0001061219-26-000006 · filed 2026-02-27’09’13’17’21’25

FY2025: $8.59B operating cash − $5.62B capex = $2.96B free cash flow

The receipts